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 Southern States Bank
Southern States Bank
| RSSD ID 3629420 | CERTIFICATE 58558 | ABA NUMBER 62206622 |
| 615 Quintard Ave |
Quarter Ended : |
2025-06-30 |
| Anniston, Alabama, 36201 |
Updated : |
2025-07-30 |
| Institution Profile |
| Year Opened : |
2007 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Employees : |
192 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,874,540 |
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Total Interest Income | 88,022 |
| Total Liabilities | 2,509,293 |
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Total NonInterest Income | 3,572 |
| Total Bank Equity Capital | 365,247 |
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Total Interest Expense | 34,234 |
| Total Deposits | 2,480,205 |
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Total NonInterest Expense | 42,507 |
| Net Loans & Leases | 2,296,403 |
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Net Income | 565 |
| Loan Loss Allowance | 22,167 |
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Net Charge Offs | 7,679 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 348,677 |
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Total loans | 2,299,157 |
| Total assets for the leverage ratio | 2,848,731 |
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Loans secured by real estate: | 1,960,937 |
| Tier 1 Leverage Ratio | 11.41 |
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Commercial and industrial loans | 329,455 |
| Tier 1 Capital Ratio | 12.94 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.88 |
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Loans to individuals - Other | 11,383 |
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:· Southern States Bank
